CBI comments on new Board of Trade

Boris Johnson and Liam Fox leave Downing Street earlier this week

The Board of Trade is to be revived as an advisory body to attract more inward investment to the United Kingdom and boost exports.

Josh Hardie, deputy director general of the Confederation of British Industry (CBI), added: "We look forward to working with the government to explain these benefits and make the case for free trade".

However, the Secretary of State for International Trade is the only official member of the board and would be its chair.

'That is why we are drawing on prominent figures from business and politics across the country and not just restricting to Privy Councillors, as happened in the past'.

Liam Fox had better not be late for meetings of the United Kingdom government's new Board of Trade - because he is its only official member.

A government spokeswoman added that the Board's revival was part of ensuring that the country had a trade policy after Brexit, in which the United Kingdom will leave the European Union in March 2019.

However, membership of the board of trade, which was first established in the 17th century but whose functions were long ago subsumed by Whitehall departments, is limited to Dr Fox.

Previous politicians who have enjoyed using the title have been Harold Wilson and Lord Heseltine.

The board will meet four times a year, with meetings rotated around the United Kingdom "guaranteeing all parts of the union have a chance to raise the issues most important to them".

Related News:

  • Spot Check on Stock With Abnormal Activity Infinity Pharmaceuticals, Inc. (NASDAQ:INFI)

    Infinity Pharmaceuticals has a 12 month low of $0.84 and a 12 month high of $3.84. (NASDAQ: INFI ) for 90,720 shares. ILLEGAL ACTIVITY NOTICE: "Infinity Pharmaceuticals, Inc". 15 funds opened positions while 12 raised stakes.

    Analyst cuts his forecast of 2017 Apple iPhone X production by 10%

    The smartphone also comes with a vertical-dual camera system, which includes larger and faster sensors. Not terribly long ago, a financial newswire said that Apple's yield for the iPhone X was 10% .

    Real Goods Solar, Inc. (RGSE)- Bullish Movers Gaining Investors Attention

    The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Knowing when to ride the surge rather than stay on the sidelines, can be a hard decision even for veteran investors.
  • Banks plan clampdown on credit after warnings on debt mountain

    The growth rate is down since late 2016, but it is still close to the rate last seen before the 2008 financial crisis. The latest figures suggested that lenders were heeding warnings from the Bank about spiralling household debt.

    Stock Brushing a Recent High: Tetra Tech, Inc. (NASDAQ:TTEK)

    SHOEMAKER LESLIE L sold $771,140 worth of Tetra Tech , Inc. (NASDAQ:TTEK) on Wednesday, January 25 with "Buy" rating. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock.
    October  13 is voter-registration deadline for November  17 election

    October 13 is voter-registration deadline for November 17 election

    Candidates for local offices and the State Supreme Court will be on the ballot, along with three statewide ballot propositions. Residents can register to vote by appearing in-person at a voter service and polling center through Election Day.
  • No contact between Easter Island and South America, study finds

    No contact between Easter Island and South America, study finds

    The team reached its conclusion by studying bone fragments and published its findings October 12 in Current Biology . One of the big questions is whether or not the early islanders had any contact with Indigenous South Americans.
    Boyfriend indicted on murder charges in death of Wilde Lake teacher

    Boyfriend indicted on murder charges in death of Wilde Lake teacher

    Wallen's sister reported her missing on the evening of Labor Day, Monday, Sept. 4. An autopsy revealed that she was shot in the back of her head.

    'Several' people injured in shooting at Swedish marketplace

    Trelleborg has been placed on lockdown by armed cops with reports that at least four people suffered gunshot wounds. Forensics team and a canine unit have also been dispatched to the scene of the incident.
  • Tutor Perini Corporation (TPC) Upgraded to Hold at Zacks Investment Research

    Tutor Perini Corporation (TPC) Upgraded to Hold at Zacks Investment Research

    Pinnacle Wealth Mngmt Advisory Gp Ltd Liability invested in 14,298 shares or 0.74% of the stock. (NASDAQ:STMP) for 98,714 shares. The company was maintained on Thursday, September 14 by Northland Capital. (NASDAQ:STMP) on Tuesday, January 12 to "Buy" rating.
    Microsoft Launcher for Android is now rolling out to all users

    Microsoft Launcher for Android is now rolling out to all users

    You'll be sent a link that will take you to the Play Store page for Microsoft Edge , where you can install the browser. We'll undoubtedly be hearing more about these apps once the Fall Creators Update for Windows 10 drops, so stay tuned.

    (CBPO) With Shares Trading unchanged at $97.15 China Biologic Agrees to Acquire…

    Aviva Pcl reported 104,583 shares. (NASDAQ:CBPO), its shares were trading at $97.45 a retreat of $-2.46, on the trading floor. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover DISCK having a buy-equivalent rating.


Most liked

Stubble burning: Punjab to present 30 farmers before NGT
In Punjab's Sangrur district, a large number of farmers have started burning their stubble to press in their demands. This is not a political issue but this issue relates to the environment.

Florida reports 1st locally acquired Zika case of year in Manatee County
Officials say there's no evidence of ongoing, active transmission along Florida's Gulf coast, or anywhere in the state. A locally transmitted case of Zika has been found in Manatee County, the Florida Department of Health said Thursday.

SC to hear Sahara-SEBI case today
The bench said Justice Oka and the company judge shall work in harmony so that the auctioning process goes on smoothly. Later however, the apex court clarified that it was not initiating any contempt action at this stage.

IDEXX Laboratories, Inc. (NASDAQ:IDXX) Valuation According To Analysts
Bank Of Mellon Corp reported 0.11% of its portfolio in PACCAR Inc (NASDAQ:PCAR). 34,797 were accumulated by American Grp Inc Inc. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.10.

Verizon Communications Inc. (NYSE:VZ) & Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM
The stock of Enterprise Products Partners L.P. (NYSE:EPD) has "Overweight" rating given on Friday, August 4 by Barclays Capital. The company has mean EPS estimate of 0.56 reported by 2 number of analyst for the quarter ending Current Qtr.(Jun2017).

US Supreme Court Dismisses Travel Ban Case
Supreme Court Oct. 10 dismissed an appeal in one of the legal challenges of President Donald Trump's now-expired travel ban . Further, immigrants and nonimmigrants from North Korea and Syria will also be banned, as well as immigration by Somalians.

Wall Street slips as bank results fail to excite
The biggest drag, however, was from the consumer discretionary sector, which fell 0.57 per cent, weighed down by media stocks. The three indexes still managed to eke out new intraday highs in the session on gains in technology and industrial stocks.

Sentiment Report: Cadence Design Systems Inc (NASDAQ:CDNS)
Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. TRADEMARK VIOLATION NOTICE: This article was first posted by StockNewsTimes and is the property of of StockNewsTimes.

DICE: Star Wars Battlefront 2 Loot Boxes were incomplete in the beta
And even though they don't always make comments, it's mainly because "we don't feel we can add anything useful to the discussion". There has been a lot of social media activity surrounding the loot crate issue, with EA employees receiving countless complaints.

UAE stops issuing visas to North Koreans, ends diplomatic missions
North Korea's nuclear tests and missile launches have stirred global tensions and prompted several rounds of worldwide sanctions at the U.N.

Motley Fool Asset Management LLC Has $4874000 Stake in Baidu Inc (BIDU)
It has underperformed by 35.92% the S&P500.The move comes after 9 months positive chart setup for the $258.58 million company. Alpine Partners Vi Llc sold 11,777 shares as Baidu Inc (BIDU)'s stock rose 1.94%. 2,797,500 shares of the stock traded hands.

GSA Capital Partners LLP Invests $552000 in Ulta Beauty Inc
Kensico Capital Management Corp holds 17.15% of its portfolio in Constellation Brands, Inc. for 5.76 million shares. Cleveland Research has downgraded Ulta Beauty (NASDAQ:ULTA) from Buy to Neutral in a report released on 10/12/2017.

Mohawk Industries, Inc. (MHK) Rating Lowered to Sell at Zacks Investment Research
After $3.72 actual EPS reported by Mohawk Industries, Inc. for the previous quarter, Wall Street now forecasts 1.34% EPS growth. About 55,234 shares traded. 09/22/2017 - Mohawk Industries, Inc. was downgraded to "neutral" by analysts at Cleveland Research.

Gautam Bambawale named India's Ambassador to China
Gautam Bambawale, an Indian foreign service officer of the 1984 batch is now India's high commissioner to Pakistan. In the position, he was responsible for relations with Japan, China and South Korea amongst other countries.

Ford Motor Company (NYSE:F) Undervalued by 1.2%
Following the completion of the purchase, the director now owns 3,120 shares in the company, valued at approximately $102,710.40. With all of these companies being brought down, General Motors Company may be a diamond in the rough. 10 reported 14,460 shares.